Code of Alabama
Chapter 56 - Public Building Authorities.
Section 11-56-7 - Officers.

The officers of the corporation shall consist of a chairman, vice-chairman, a secretary, a treasurer, and such other officers as the board shall deem necessary to accomplish the purposes for which the corporation was organized. The offices of secretary and treasurer may, but need not be, held by the same person. The chairman and vice-chairman of the corporation shall be elected by the board from its membership. The secretary, the treasurer, and any other officers of the corporation, who may, but need not be, members of the board, shall also be elected by the board.

Structure Code of Alabama

Code of Alabama

Title 11 - Counties and Municipal Corporations.

Title 2 - Provisions Applicable to Municipal Corporations Only.

Chapter 56 - Public Building Authorities.

Section 11-56-1 - Definitions.

Section 11-56-2 - Legislative Intent; Construction of Chapter Generally.

Section 11-56-3 - Application for Authority to Form Corporation; Adoption of Resolution by Governing Body Authorizing Incorporation; Procedure for Incorporation Generally.

Section 11-56-4 - Certificate of Incorporation - Contents; Approval by Governing Body.

Section 11-56-5 - Certificate of Incorporation - Execution, Acknowledgment, Filing, and Recordation.

Section 11-56-6 - Board of Directors; Record of Proceedings of Board.

Section 11-56-7 - Officers.

Section 11-56-8 - Powers Generally.

Section 11-56-9 - Leasing of Projects.

Section 11-56-10 - Bonds - Authority for Issuance; Security for Payment of Principal and Interest Generally; Form, Terms, Denominations, etc.; Sale, Redemption, Etc.

Section 11-56-11 - Bonds - Notice of Resolution Authorizing Issuance of Bonds; Limitation Period for Actions, etc., as to Validity of Proceedings for Issuance of Bonds, Etc.

Section 11-56-12 - Bonds - Execution and Delivery.

Section 11-56-13 - Bonds - Security for Payment of Principal and Interest; Remedies Upon Default Generally.

Section 11-56-14 - Bonds - Disposition of Proceeds From Sale.

Section 11-56-15 - Bonds - Remedies Upon Default in Payment of Principal or Interest on Bonds.

Section 11-56-16 - Refunding Bonds.

Section 11-56-17 - Investment in Bonds - by Municipalities.

Section 11-56-18 - Investment in Bonds - by Executors, Savings Banks, Insurance Companies, Etc.

Section 11-56-19 - Conveyances of Property to Corporations by Municipalities.

Section 11-56-20 - Authority and Procedure for Dissolution of Corporations; Vesting of Title to Properties Thereof in Municipalities Upon Dissolution; Formation of Corporations Not to Prevent Subsequent Formation of Other Corporations by Same Municip...

Section 11-56-21 - Exemption From Taxation of Projects, Bonds, Etc.

Section 11-56-22 - Construction of Chapter.